Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 9/1/2019 - Continue rebound, but watch out for Fibo level

InvestorsDoctor
Publish date: Wed, 09 Jan 2019, 12:14 PM
InvestorsDoctor
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9/1/2019

 
*US Mini Dow Jones Mar 19*
 
Yesterday close : 23724 +212
 
DJI climbed more than 200pts yesterday on bet that the US-China trade talk will reach a deal. 
 
Hourly chart formed higher highs & lows to test 6.854 Fibo level, be cautious of potential retracement as technical indicators crossing down.
 
*Classic Support & Resistance*
Support: 23279 22563
Resistance: 24080 24860
 
*Recommended trading plan today:*
1. Buy 23889, stop 23831, profit 23947/24005/24063.
 
*Margin Requirement (per lot):*
USD 6490
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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